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Industry trend analysis of plastic extruders in the first quarter of 2024

In the first quarter of 2024, the plastic extruder industry continued to maintain an active development trend at China and abroad.
From the perspective of China's foreign trade import and export in the first quarter of 2024 announced by the General Administration of Customs, the scale of foreign trade import and export exceeded 10 trillion yuan for the first time in the history of the same period, and the growth rate of import and export hit a new high in six quarters. Among them, the export of mechanical and electrical products and labor-intensive products has a good momentum, the export of mechanical and electrical products in the first quarter of China was 3.39 trillion yuan, an increase of 6.8%, and the export of labor-intensive products was 975.72 billion yuan, an increase of 9.1%.

In the international market, with the recovery of the global manufacturing industry and the advancement of the industrialization process, the demand for plastic extruders continues to grow. Market performance varies by region. North America, especially the United States and Canada, has a stable demand for plastic extruders, mainly used in automotive, construction and other industries. European markets, such as Germany, the United Kingdom, France and Italy, due to the needs of its high-end manufacturing industry, the performance and technical requirements of extruders are higher, focusing on the stability and efficiency of equipment. China, Japan, South Korea, India and Southeast Asian countries in the Asia-Pacific region, as an important manufacturing base, the demand for plastic extruders is also large. Among them, China as one of the world's largest manufacturing countries, the market scale continues to expand.

The competitive pattern of overseas markets is relatively stable, and some large multinational companies have occupied a high market share by virtue of their technological advantages and brand influence. However, with the rise of emerging markets and the popularization of technology, some regional enterprises are also gradually emerging, and the market competition has intensified.

In the Chinese market, the first quarter of 2024 also showed a positive trend. The eastern coastal area has always been a relatively concentrated area of demand, but the economic development of the central and western regions has also led to the further expansion of local market demand. Domestic enterprises continue to increase investment in technology research and development, and strive to improve the performance and quality of products. At the same time, it also pays more attention to meeting the individual needs of customers, providing customized solutions for different industries and application scenarios. In terms of market competition, the competition between domestic enterprises is fierce, and each enterprise fights for market share by improving product quality, optimizing service and strengthening brand building.

At China and abroad, the requirements for plastic extruders are carried out in the main directions of environmental protection, energy saving, high efficiency and intelligence. With the increasingly stringent environmental requirements, enterprises are paying more attention to the energy-saving performance of equipment to reduce energy consumption and environmental pollution. The development trend of intelligence also encourages enterprises to continuously improve the degree of automation and information management of equipment. Also for the main supplier of exports - China, in which machine should also become more high-tech and can carry out sophisticated production.

Overall, the global market of the plastic extruder industry maintained a growth trend in the first quarter of 2024. Technological innovation promotes the continuous progress of the industry, and the diversification and individuation of market demand promote enterprises to continuously improve their competitiveness. In the future, with the development of the global economy and the progress of science and technology, the plastic extruder industry is expected to continue to maintain a good momentum of development, enterprises need to pay close attention to market dynamics, continuous innovation, in order to adapt to the changing market demand.

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Post time: Jul-09-2024